In the event of one having large amounts of money in stock, would it be possible to calculate the stock into the required amount 20% I would need to provide to get the mortgage without having to sell them. E.g provide them as frozen assets. I would assume if this is possible that in the case they fall below a certain value one would need to provide more liquidity. I know with viac this is partly possible?
Or in the case of gold. Let’s say I’d have large amounts of gold, would I be able to put those up for the 20% amount I’d have to provide? The bank would then get the gold or it would be sealed in a box that both the bank and the client have access to.
Having 20% cash somewhere locked away is somehow not that nice. I’d rather have in in very save stocks or gold (that moves with inflation)
Or in the case of gold. Let’s say I’d have large amounts of gold, would I be able to put those up for the 20% amount I’d have to provide? The bank would then get the gold or it would be sealed in a box that both the bank and the client have access to.
Having 20% cash somewhere locked away is somehow not that nice. I’d rather have in in very save stocks or gold (that moves with inflation)